What are the largest drops in Dow?

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1013395

2026-03-06 05:55

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Be aware that the percentage of loss is more important that the actual dollar loss. (Think of it this way; If everyone lost 1 percent of their money, and you had a thousand dollars, that would be 10 dollars. If you had 100 million dollars, it would be 1 million dollars. To the guy who has 1,000, that seems staggering, but in reality, it is not. So it is with the Dow Jones. Example The great crash in 1929 was only 68.9 points over two days; but that's a loss of 24.5%). The greatest single day loss in points was September 29, 2008 (777.68 points, 6.98%) The greatest single day loss in percentage was October 19, 1987 (508 points, 22.61%) And yet we're still here! The world hasn't ended! As you can see, the recent drop looks huge, and is huge, but does not compare to the crash of 1929. Note that the loss of 1987 was recovered by January of 1989.

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